5711 Roblin Boulevard

Property Overview & Key Characteristics

This 1985-built bi-level home at 5711 Roblin Boulevard offers a practical layout with a finished basement on a generous 8,414 sqft lot. Its key appeal lies in its established Southboine neighbourhood setting and the significant amount of private outdoor space, which is larger than most properties in both its immediate area and across Winnipeg. The home's standout feature is its land value and position, ranking in the top 10% of all Winnipeg properties for lot size. While the living space is modest at 1,040 sqft, the finished basement adds functional room. It would suit first-time buyers or downsizers looking for a manageable home with a premium-sized yard in a mature community, or an investor attracted by the lot's inherent value and potential in a well-ranked location.

Frequently Asked Questions

1. How does the home's age affect its condition and potential costs?
At 41 years old, buyers should budget for updates to major systems like roofing, windows, or the furnace, which may be nearing the end of their service life. A thorough inspection is essential.

2. The living space ranking seems low. Does the home feel small?
The above-grade square footage is below average for the area. However, the finished basement effectively doubles the usable living area, making the overall footprint more comfortable than the initial number suggests.

3. What is the real advantage of such a large lot?
Beyond privacy and space for gardens or recreation, a lot of this size in an established area is a long-term asset. It offers future potential for additions or landscaping projects that aren't possible on standard parcels.

4. The assessment value is lower than the asking price. What does this mean?
Municipal assessments for tax purposes often lag behind current market values and are not direct appraisals. The price is determined by the market, recent comparable sales, and the unique lot value this property holds.

5. Who would this property not be suitable for?
It may not suit buyers seeking a modern, open-concept layout or those unwilling to consider gradual updates. The bi-level design also involves stairs to the main entrance and living area, which could be a consideration for some.